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Consolidated Statements of Cash Flows - USD ($)
$ in Millions
12 Months Ended
Apr. 30, 2017
Apr. 30, 2016
Apr. 30, 2015
Cash flows from operating activities:      
Net income $ 669 $ 1,067 $ 684
Adjustments to reconcile net income to net cash provided by operations:      
Gain on sale of business 0 (485) 0
Depreciation and amortization 58 56 51
Stock-based compensation expense 14 15 15
Deferred income taxes (10) 10 6
Other, net 2 2 9
Changes in assets and liabilities, excluding the effects of sale and acquisition of businesses:      
Accounts receivable 6 8 (50)
Inventories (86) (127) (102)
Other current assets 12 (57) (30)
Accounts payable and accrued expenses (17) 29 64
Accrued income taxes (11) 7 (58)
Noncurrent assets and liabilities 2 (1) 19
Cash provided by operating activities 639 524 608
Cash flows from investing activities:      
Proceeds from sale of business 0 543 0
Acquisition of business, net of cash acquired (307) 0 0
Additions to property, plant, and equipment (112) (108) (120)
Acquisition of brand names and trademarks 0 0 (4)
Computer software expenditures (3) (2) (1)
Cash provided by (used for) investing activities (422) 433 (125)
Cash flows from financing activities:      
Net change in short-term borrowings (122) 80 183
Repayment of long-term debt 0 (250) 0
Proceeds from long-term debt 717 490 0
Debt issuance costs (5) (5) 0
Net payments related to exercise of stock-based awards (10) (17) (14)
Excess tax benefits from stock-based awards 0 15 18
Acquisition of treasury stock (561) (1,107) (462)
Dividends paid (274) (266) (256)
Repayment of short-term obligation associated with acquisition of business (30) 0 0
Cash used for financing activities (285) (1,060) (531)
Effect of exchange rate changes on cash and cash equivalents (13) (4) (19)
Net increase (decrease) in cash and cash equivalents (81) (107) (67)
Cash and cash equivalents, beginning of period 263 370 437
Cash and cash equivalents, end of period 182 263 370
Supplemental disclosure of cash paid for:      
Interest 48 41 27
Income taxes $ 266 $ 430 $ 375